Get started

Proposal to discontinue converted price assessment

Fastmarkets proposes to discontinue the converted price assessments for the following markets:

October 3, 2022
By Barbara O'Donovan
Flat products Long products Pricing notice

  • MB-STE-0467 Steel cut-to-length plate carbon grade, fob mill US, $/short ton
  • MB-STE-0465 Steel reinforcing bar (rebar), fob mill US, $/short ton

This price is converted from the market:

  • MB-STE-0172 Steel cut-to-length plate carbon grade, fob mill US, $/cwt
  • MB-STE-0170 Steel reinforcing bar (rebar), fob mill US, $/cwt

This market can now be converted to $/short ton using the conversion service on the Fastmarkets Dashboard.

The consultation period for this price discontinuation will begin on Monday October 3 and will end on Monday October 31, with changes taking place, subject to market feedback, from Tuesday November 1.

To provide feedback on the proposal to discontinue these converted price assessments, please contact Barbara O’Donovan by email at pricing@fastmarkets.com. Please add the subject heading ‘FAO: Barbara O’Donovan, re: converted price assessments.’

To see all Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/about-us/methodology.

What to read next
Fastmarkets launches Ukraine-Egypt, CVB-Egypt and Russia-Saudi Arabia wheat freight assessments, clarifies Russia-Egypt and Russia-Iran freight assessments
Fastmarkets has launched three weekly wheat freight rate assessments — Ukraine-Egypt, CVB-Egypt and Russia-Saudi Arabia — and has clarified that its existing Black Sea-North Africa freight assessment refers to the Russia-Egypt route and its Black Sea-Persian Gulf assessment refers to the Russia-Iran route. The Russia-Egypt assessment will also transition from Supramax to Handy-sized vessels. All changes are effective Wednesday May 20, 2026.
May 20, 2026
 · 
By Fastmarkets pricing team
Fastmarkets launches Egypt wheat 12.5% CIF assessment, changes wheat CFR North Africa assessment to Egypt wheat 11.5% CIF
Egypt is the world’s largest wheat importer, with consumption surpassing 20 million tonnes per year and a persistent structural import gap of approximately 10-13 million tpy despite initiatives to boost domestic production. Egypt also serves as a principal market for Black Sea suppliers, including Russia, Ukraine, Romania and Bulgaria. Until 2025, there was an established […]
May 20, 2026
 · 
By Fstmarkets pricing team
Fastmarkets changes Chinese UCO timestamps
Fastmarkets changed the timestamp for its daily used cooking oil flexi-tank, fob China and used cooking oil, bulk, fob China price assessments from 4:30pm London time to 4:30pm Singapore time effective Wednesday May 20, 2026, as a result of an open consultation.
May 20, 2026
 · 
By Fastmarkets pricing team
Proposal to amend frequency of cif Japan and Korea nickel sulfate assessments: pricing notice
The proposal follows Fastmarkets’ observations that the commodity sees inactive spot liquidity and low volatility in prices. The proposed new specifications for the prices are as follows, with the amendments in italics: MB-NI-0246 Nickel sulfate, cif Japan and Korea, $/tonneQuality: Accepted by buyer for use in battery applications with chemical composition: Ni content, base 22.3% […]
May 20, 2026
 · 
By Sybil Pan
Early publication of steel hot-rolled coil index, fob mill US Midwest
Fastmarkets’ daily steel hot-rolled coil index, fob mill US Midwest for Tuesday May 19 was published earlier than scheduled due to an error. Fastmarkets’ pricing database has been updated.
May 19, 2026
 · 
By Fastmarkets pricing team
Fastmarkets to launch four price assessments for tissue jumbo rolls in Europe
The four assessments will cover continental Europe and the UK, for tissue jumbo rolls made from wood pulp and recycled pulp in a basis weight range of 14.5-18.0g per square meter. The decision follows a one-month consultation period that ended on Saturday May 16. The proposed specifications are as follows: FP-TS-0009 Tissue, wood pulp jumbo rolls for […]
May 19, 2026
 · 
By Fstmarkets pricing team